SEATTLE, WA -- (Marketwired) -- 09/18/13 --
Atossa Genetics, Inc.(NASDAQ: ATOS), The Breast Health Company™, announced today that it has entered into a nationwide distribution agreement with McKesson Medical-Surgical to sell and distribute Atossa's MASCT device and patient collection kits. The MASCT device is used in OB/GYN, primary care, and women's clinics to perform a non-invasive collection of breast fluid. The specimens are analyzed at the National Reference Laboratory for Breast Health, a subsidiary of Atossa, with the ForeCYTE Breast Health Test, which assesses a woman's future risk of breast cancer.
Under terms of the agreement, McKesson Medical-Surgical will sell and distribute the MASCT device and patient collection kits nationwide through its sales force.
Dr. Steven C. Quay, Chairman, President & CEO of Atossa Genetics, commented, "Our agreement with McKesson Medical-Surgical is another important step forward in making the ForeCYTE test the standard of care in breast cancer risk assessment. McKesson Medical-Surgical is one of the country's top medical distributors and we are pleased that they have agreed to add the ForeCYTE test to their product portfolio. With their extensive market presence, we look forward to providing physicians a much needed early warning system by detecting the earliest, reversible precursors of breast cancer."
"We're pleased to be able to offer Atossa Genetics' products to our customers," said Joan Eliasek, Senior Vice President, Supplier Management, McKesson Medical-Surgical. "As a company, we are in business for one reason: better health. And fighting cancer is a major aspect of better health in our country. That's why Mckesson's corporate citizenship initiative is focused on supporting the fight against cancer. We are glad to offer products to our customers that help them deliver better care for their patients."
Chris Destro, Vice President, Sales and Marketing for Atossa, stated, "McKesson Medical-Surgical will enable us to further increase our penetration into all geographical markets while expanding our relationships with physician offices. With a large sales force calling on physician practices, we look forward to working closely with the McKesson Medical-Surgical sales team."
Breast cancer is the second most common form of cancer. One woman is diagnosed every minute. Current detection methods lack the ability to detect very small concentrations of precancerous cells (ductal hyperplasia) at breast cancer's earliest stages. Early detection enables lifestyle change and/or chemopreventative treatment to reverse the abnormal cells. Atossa's ForeCYTE Breast Health Test has been shown in analytical validation to detect as few as 10 precancerous breast cells.